Market capitalization of VNET increased by 87.97% over the past 1 year. The primary factor behind the change was an decrease in P/E Change from -8.66 to -28.95.
The secondary factor is the Revenue Growth, contributed 21.73%to the performance.
Overall, the performance of VNET in the past 1 year is driven by P/E Change. Which is more unsustainable.